Number of the week

Latin America’s new tycoons

During the pandemic, inequality skyrocketed in Latin America. While millions fell below the poverty line, the region got 31 new billionaires

Number of the week: Latin America's new billionaires
Image: Eames Bot/Shutterstock

Welcome to “Number of the Week,” where we choose a single figure that helps us understand Latin America. This week, we go through the data on increasing inequality, and some of the reasons for it.

31billionaires in Latin America

The Covid-19 pandemic has devastated Latin America: as of mid-July, more than 39 million coronavirus cases have been confirmed, with over 1.3 million deaths caused by the virus since March 2020. 

But the problem goes well beyond a health crisis: more than 26 million people have lost their jobs (with an unemployment rate of

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